Question
A dress cost a department store $65. The store's operating expenses are 35% on cost, and profit is 20% on cost. (a)Find the regular selling
A dress cost a department store $65. The store's operating expenses are 35% on cost, and profit is 20% on cost.
(a)Find the regular selling price of the dress.
(b)Find the percent of markdown that can be offered without taking a loss.
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Basic Finance An Introduction to Financial Institutions, Investments and Management
Authors: Herbert B. Mayo
11th Edition
1285425790, 1285425795, 9781305464988 , 978-1285425795
